Q. Which of the following statements is/are true?(i) Drawings Account is a Nominal Account (ii) Capital Account is a Real Account (iii) Sales Account is a Nominal Account (iv) Outstanding salaries account is a Nominal Account (v) Patents Account is a Personal Account (Solved)
1. Only (i) above
2. Only (iii) above
3. Both (ii) and (iii) above
4. Both (ii) ,(iv) and (v)above
- b. Only (iii) above